The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 2 billion to EUR 168.7 billion on account of customer and portfolio transactions and US dollar liquidityproviding transactions.
The liquidityproviding transactions were conducted by the Eurosystem in connection with the temporary reciprocal currency arrangements (swap lines) that the European Central Bank has with the Swiss National Bank and the Federal Reserve System. The EUR/CHF foreign exchange swap had no effect np tcx ahx ymgghlbh wd djq Jsqojlofhm rb wxmusdn dmldgyxh.
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